EMEA Rights Issues Financing M&A

Right issues are becoming increasingly popular in EMEA nations as firms turn to their existing shareholders to help fund their expansion plans. In fact, in every year since 2004, the volume of EMEA rights issuance has risen. And with the sole exception of 2009, the value of the proceeds of rights issues used to make M&A deals has also moved north. While company valuations remain relatively low and traditional sources of financing still largely blocked off, rights issues provide companies with a quicker and more reliable access to financing than say alternative secondary offering structures.

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